AUD/USD: Aussie reverses its yesterday’s gains

Posted on May 31, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.39% against the USD to close at 0.9670. LME Copper prices rose 0.6% or $44.00/MT to $7245.5/MT. Aluminium prices rose 2.0% or $36.00/MT to $1857.0/MT. In the Asian session, at … Continue reading →

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AUD/USD: Building approvals record a rise in Australia

Posted on May 30, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.64% against the USD to close at 0.9633. LME Copper prices declined 0.8% or $55.5/MT to $7201.5/MT. Aluminium prices rose 0.7% or $13.0/MT to $1821.0/MT. In the Asian session, at … Continue reading →

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USD/JPY: Yen trading higher in the morning session

Posted on May 30, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened 1.52% against the JPY and closed at 100.96. In the Asian session, at GMT0300, the pair is trading at 100.94, with the USD trading marginally lower from yesterday’s close. … Continue reading →

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USD/CAD: Loonie gained as BoC maintained its interest rates

Posted on May 30, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.58% against the CAD to close at 1.0350. The Canadian Dollar recorded a rise, as the Bank of Canada (BoC), in its much expected move, kept its key interest … Continue reading →

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USD/CHF: Swiss UBS consumption indicator rose in April

Posted on May 30, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 1.38% against the CHF and closed at 0.9614. On the Swiss economic front, the UBS consumption indicator advanced to a reading of 1.46 in April. In the Asian session, … Continue reading →

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GBP/USD: Pound trading tad higher in the Asian session

Posted on May 30, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.70% against the USD and closed at 1.5130. In economic news, UK’s Confederation of British Industry (CBI), in its monthly Distributive Trade Survey, reported that retail sales balance retreated to … Continue reading →

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EUR/USD: Euro moving higher in the Asian session

Posted on May 30, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 0.79% against the USD and closed at 1.2947. The US Dollar witnessed selling pressures, as investors indulged in profit booking to capitalize on the recent surge in the greenback. In … Continue reading →

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USD/CAD: Canadian investors await BoC interest rate decision

Posted on May 29, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.62% against the CAD to close at 1.0408, in the wake of strong US consumer and housing data. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

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USD/JPY: Japanese yen trading higher in the Asian session

Posted on May 29, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 1.39% against the JPY and closed at 102.52. In the Asian session, at GMT0300, the pair is trading at 102.21, with the USD trading 0.30% lower from yesterday’s close. … Continue reading →

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EUR/USD: Euro reverses its losses in the Asian session

Posted on May 29, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR declined 0.70% against the USD and closed at 1.2845, after economic data indicated that German import prices fell more-than-expected in April, while French consumer confidence dropped to a near five-year low … Continue reading →

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USD/CHF: Swiss Franc declined as trade surplus narrowed; trading higher this morning

Posted on May 29, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 1.13% against the CHF and closed at 0.9772. The Swiss Franc came under pressure, following the release of weaker-than-expected Swiss trade data for April. Switzerland’s trade surplus narrowed to … Continue reading →

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